Trusted Finance for Study Abroad

Auxilo Education Loan for Study Abroad

Funding your overseas education takes more than just ambition. It takes the right financial partner.
Auxilo logo
Quick Loan Review
Max Loan Amount
Up to INR 50 Lakhs (unsecured) and up to INR 1 Crore (secured)
Interest Rate
Starting from 11% per annum (floating rate, Base Lending Rate of 15.10% + applicable spread)
Repayment Tenure
Up to 12 years for unsecured loans and up to 15 years for secured loans
Countries Covered
USA, Canada, UK, Germany, Australia and more
Processing Time
3 to 5 working days

Overview - Auxilo Education Loan

The Auxilo Study Abroad Loan is a product designed specifically for Indian students who want to pursue higher studies at top universities around the world, without letting finances hold them back.

As an RBI-registered NBFC (Non-Banking Financial Company), Auxilo Finserve Pvt. Ltd. brings a structured and student-friendly approach to study abroad education loan financing. 

The lender uses a multi-parameter assessment model that evaluates over 15 factors across the applicant and co-applicant profiles, meaning your loan offer is genuinely tailored to your situation rather than based on a rigid checklist.

Auxilo education loan
Happy student with loan approval

Check Your Auxilo Loan Eligibility

  • Loan Amount: Up to INR 50 Lakhs (unsecured) and up to INR 1 Crore (secured) 
  • Auxilo education loan interest rate: Starting from 11% per annum (floating rate, Base Lending Rate of 15.10% + applicable spread) 
  • Repayment Tenure: Up to 12 years for unsecured loans and up to 15 years for secured loans 
  • Countries Covered: USA, Canada, UK, Germany, Australia, Ireland, France, New Zealand, Singapore, UAE, Netherlands, Switzerland 
  • Processing Time: 3 to 5 working days 

Key Features of Auxilo Overseas Education Loan

The Auxilo Overseas Education Loan is built around a simple idea: your educational goals should not wait for paperwork. Here is what makes this lender stand out among Indian NBFC options.

Get Expert Admission Guidance

Helping students worldwide choose top universities and secure their dream admits.

Students
If not listed, select "Not Listed." If undecided, choose "Still Deciding."

By continuing, you agree to Nomad Credit's Terms of Use and Privacy Policy

Benefits of Choosing the Auxilo Study Abroad Loan

Access a fully customized study abroad education loan tailored to your profile, course, and destination country. Get up to 100% financing with no margin money requirement.

Eligibility Criteria for Auxilo Education Loan for Study Abroad

Understanding the eligibility for an education loan for abroad is the first step before applying. Auxilo follows a transparent eligibility framework.

Category Details
Student Eligibility
  • - Indian citizen, 18 years or above
  • - Confirmed admission from an Auxilo-recognised university
  • - Strong academic record with valid GRE, GMAT, IELTS, or TOEFL scores
  • - Eligible for graduate, postgraduate, diploma, professional, and PhD programs
Co-Applicant Criteria
  • - An earning Indian co-borrower is mandatory
  • - Can be a parent, sibling, spouse, parent-in-law, or close relative
  • - Must have an active Indian bank account with cheque-writing facility
  • - Co-borrower is treated as the primary debtor and creditworthiness is assessed
  • - Multiple co-applicants accepted if one does not meet the threshold alone
Course and University Criteria
  • - Graduation, postgraduation, diploma, and professional degrees at UGC, AICTE, or government-approved institutions
  • - Management, medicine, engineering, law, and aviation programs are covered
  • - Vocational, skill-based, and executive programs qualify under certain conditions
3d Hand Hold Money Bag Sack.webp

Get Your Education Loan Today!

Explore the best loan options, check your eligibility in 2 minutes, and review financing options suited to your needs

Couple Talking.webp

Expenses Covered Under Auxilo Study Abroad Loan

The Auxilo Overseas Education Loan takes a comprehensive approach to education financing. 

3d Hand Hold Money Bag Sack.webp

Get Your Education Loan Today!

Explore the best loan options, check your eligibility in 2 minutes, and review financing options suited to your needs

Couple Talking.webp

Documents Required for Auxilo Education Loan

Having your documents ready significantly speeds up your Auxilo Study Abroad Loan approval.

Student Documents
  • Valid passport
  • Aadhaar Card, Voter ID, or Driving License (OVD)
  • An admission letter from a recognized foreign institution
  • Academic transcripts and certificates
  • Updated resume or CV (f;.or postgraduate applicants)
  • IELTS, TOEFL, GRE, or GMAT scorecards, where applicable
  • PAN Card or Form 60
Co-Applicant Documents
  • PAN Card and a valid OVD for identity and address proof
  • Salary slips, Form 16, or ITR for the last 2 to 3 years
  • Bank statements for the last 6 months
  • Utility bills (under 2 months), property tax receipts, or pension orders
Loan and University Documents
  • Detailed fee structure and admission confirmation
  • Course details including duration, semesters, and program name
  • Post-dated cheques (PDCs) for EMI payments
  • Any additional documents requested during verification

How to Apply for Auxilo Education Loan via Nomad Credit?

Your Path to an Education Loan: Fast, Easy, Guided.

Step 1: Check Your Eligibility

Use our free tool to quickly check your eligibility and view personalized loan options.

Step 2: Connect with a Loan Expert

Our dedicated loan counselors are ready to guide you through the process and answer all your questions.

Step 3: Submit Your Documents

Easily upload your documents and complete the required forms to kickstart your application.

Step 4: Get a custom Offer

Our team works hard to help you secure the best interest rates and maximize your loan amount.

Step 5: Loan Approval and Disbursement

Once approved, you’ll get your sanction letter and the lender will disburse your funds promptly.

Auxilo Education Loan Countries and Destinations

The Auxilo Overseas Education Loan currently supports Indian students across the following countries.

  • USA
  • UK
  • Canada
  • Australia
  • Germany
  • France 
  • Ireland
  • New Zealand 
  • Singapore
  • UAE
  • Netherlands
  • Switzerland

Why Apply for an Auxilo Loan via Nomad Credit?

Applying for your Auxilo Study Abroad Loan through Nomad Credit gives you more than just a loan. Here is how we add value at every step.

Compare 20+ lenders to find the best-fit option

End-to-end document help for a smooth application

Faster processing with dedicated support

Better interest rates through expert negotiation

Admissions + loan support in one place

100% free service with zero charges

Disclaimer: Terms and conditions of loans provided by lenders, including interest rates and eligibility requirements, are subject to change based on the borrower’s profile, educational institution, and country of study. Interest rates mentioned are indicative and subject to Auxilo Finserve Pvt. Ltd.’s current Base Lending Rate and applicable spread. Terms and conditions set by lenders are final and determined without Nomad Credit’s involvement.

Trusted by Thousands of Graduates

Real People. Real Savings.

Frequently Asked Questions

What is the Auxilo education loan interest rate for study abroad?

The auxilo education loan interest rate starts at approximately 11% per annum and typically ranges from 11% to 14% depending on your academic profile, chosen country, university ranking, and co-applicant's financial strength. The rate is floating and calculated as Auxilo's Base Lending Rate plus a spread.

Students can access up to INR 50 Lakhs through an unsecured loan for study abroad and up to INR 1 Crore through a secured loan. For the USA specifically, the unsecured limit goes up to INR 1 Crore. For the UK, Germany, Ireland, and Canada, the unsecured cap is INR 40 Lakhs, and for Australia it is INR 60 Lakhs.

Yes, Auxilo offers an unsecured education loan for abroad for eligible students going to most covered destinations. Collateral may be required in specific cases involving lower academic scores, higher loan amounts, or riskier credit profiles. The decision is based on a multi-parameter evaluation of the student and co-applicant.

Yes, unlike some international lenders, the Auxilo Study Abroad Loan requires a co-borrower who is an earning Indian citizen. This co-borrower becomes the primary debtor and can be a parent, sibling, spouse, or any close relative. Auxilo does accept multiple co-applicants if the primary co-applicant's income alone does not meet the threshold.

The repayment tenure for an Auxilo Study Abroad Loan is up to 12 years for unsecured loans and up to 15 years for secured loans. Repayment of the principal begins six months after course completion or when the student finds employment, whichever comes first. During the study period, partial simple interest payments of typically INR 2,000 to INR 10,000 per month are required.

For students applying for an Auxilo Loan for Study in the USA, the education loan usa interest rate follows the same floating rate structure of approximately 11% to 14% per annum. GRE scores play a significant role in the credit assessment for US-bound applications and can influence the final rate offered.

The typical processing time for an Auxilo Overseas Education Loan is 3 to 5 working days from submission of complete documentation. The sanction letter is generally released within 24 hours of the processing fee payment.

As an NBFC, Auxilo education loans are generally not eligible for tax benefits under Section 80E of the Income Tax Act, unlike loans from scheduled banks. Students and families are advised to confirm this with their tax advisor before applying.

Study Abroad Expert
Updated on: 18 May 2026
Reviewed by:
8 min read
Uis check circle (1)
Fact Checked